Now an economist in Montgomery is using the even more shocking $5 a gallon figure this Summer.
AUM Economist Jeff Bates says the unrest in Egypt is responsible....even though Egypt is not an oil producer. It's the control of the Suez Canal that's problematic.
Want to ensure a "double dip recession"?...seems to me $5 gas would do it.
I wrote the above earlier this week but never posted it...SO glad to hear Mubarak has stepped down, even if for a very self-serving reason like lower gas prices.
Whenever the price of fuel increases, it seems that there's a domino effect in our budget. I can say that this is one of the common problems among consumers. Since, this event can happen anytime, we consumer, should learn to be practical. Yes there are gasses that are expensive, but there are some affordable and eco-friendly gasses, which is best for my Dodge Journey. Edmonton is known for selling affordable cars like this, that's why I bought my car here. My dealer gave me tips on how to choose the kind of fuel that makes my car more eco-friendly.
ReplyDelete